How can I calculate the value of the pre-tax benefit of contributing to my 403(b) plan through my employer?
I am considering leaving this employer and want a value for how much this is worth in case I take a job with an employer that does not offer a 401(k) type plan and I have to start contributing after tax income only.
Our financial system has a calculator that shows the effect of changing variables like contribution amount, # of withholdings, etc on my take home pay. But how do I calculate how much extra I would have to earn to take home an extra amount equal to the amount that is currently going into my 403(b)?
I can't tell if this is a super simple calculation or not. Thanks!